Eutelsat to receive $504 million under US wireless spectrum plan
The payment is conditional on clearing deadlines, and the FCC says reasonable transition costs will also be reimbursed through a clearinghouse.
- On July 22, the Federal Communications Commission voted to auction 160 MHz of the Upper C-band, with Chairman Brendan Carr describing the band as a "Rubik's cube" of wireless stakeholders.
- This initiative creates a 440 MHz "super band" for 5G, as the regulator is repurposing about 60% above the minimum Congress set to satisfy carrier demand for mid-band capacity.
- Eutelsat stands to receive $504 million for clearing airwaves, while the Luxembourg operator SES is eligible for about $5.6 billion in gross incentive payments to relocate capacity.
- Operators must vacate the top 75 markets by December 30, 2030, with remaining markets cleared by June 30, 2031; the FCC promised to reimburse "reasonable and necessary" transition costs.
- Analysts project auction proceeds between $30 billion and $75 billion, providing Eutelsat financial support for its connectivity projects in Europe amid growing satellite competition.
16 Articles
16 Articles
The European operator Eutelsat set to receive $504M under US C-band spectrum plan
Eutelsat is to receive $504 million, about €443 million, for giving up a slice of American airwaves. It is the operator’s share of a compensation package designed to clear satellite firms out of the way of the next big wireless auction in the United States. The payout is tied to the Federal Communications Commission’s order to […] This story continues at The Next Web
C-band: $5.6bn for SES, $504m for Eutelsat
SES will receive $5.6 billion (€4.9bn) in compensation for freeing up its ‘Upper tier’ C-band frequencies for auction by the FCC, and Eutelsat will receive $504 million for repurposing its frequencies. The US Federal Communications Commission approval of its Upper C-band Report & Order which makes 160 MHz of the Upper C-band available in the […]
Eutelsat to receive $504 million under US wireless spectrum plan
July 27 (Reuters) - Satellite operator Eutelsat said on Monday it expected to receive $504 million in incentive payments under a U.S. plan to free up airwaves for faster mobile and wireless services. The U.S. Federal Communications Commission ha...
Financial Post
SES Statement On FCC Upper C-band Auction Decision
LUXEMBOURG — SES, a leading space solutions company, issued the following statement following the U.S. Federal Communications Commission approval of the Upper C-band Report & Order that makes 160 megahertz of the Upper C-band available in the contiguous United States for flexible-use, next-generation terrestrial wireless services via a system of competitive bidding. The required auction […]
Eutelsat to Receive $504 mn as FCC Approves C-Band Spectrum Plan to Accelerate US 5G Expansion
European satellite operator Eutelsat is set to receive $504 million in incentive payments under a new U.S. Federal Communications Commission (FCC) framework that reallocates upper C-band satellite spectrum for next-generation wireless services. The decision marks a significant milestone in the United States’ spectrum strategy while creating a multibillion-dollar financial opportunity for satellite operators participating in the transition. The F…
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